2012-11-08
2012-11-16
x david petraeus

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, and specifically by republican leader there mitch mcconnell who really wanted today's photo-op with the three new republican senators in washington to be a he simple smile and shoot affair. it was not. >> every two years it's been the week na new senators come to town for orientation. i'm pleased to be here with our new members who have a couple of days here to get used to the way it gets started in the united states senate. >> there are only three new republican members of the u.s. senate this year. while there are eight new democrats and a new independent. so that alone is an uncomfortable position for mitch mcconnell and the three new senators forced into this horribly awkward photo-op today including one whose race is not necessarily settled in arizona where they are still counting. so it was awkward enough when mr. mcconnell thought reporters would stand there silently and take their picture after he gave those brief remarks. it got much, much worse when the reporters decided not to just take pictures. they were going to speak. >> the election is behind us, and we're ready to get started. th

enough influence when you counter mitch mcconnell and others? does he have enough influence to bring in others in the party who agree? >> yes. i definitely think he does. he's considered a player. he brings to the table a very, very big demographic, which is his father's list. and that's a pretty powerful thing. and what you're going to have to watch for here is the mitch mcconnells of the world, he's somebody who is going to want to may play a little bit on immigration. he faces a primary challenge. so what you're going to see is some of these guys who maybe want to soften on immigration, getting some cover from some of the other guys who will get out there in front to try to protect them so they can win their next electio elections. >> you wrote about rank and file immigration reform yesterday. it caught my eye. it is interesting from the leaders of the party who are on the radio and television meaning like a sean hannity to actual elected officials within the gop who seem they want to speed up the process in hopes of two years from now having latino voters come to their side if im

have lost the speakership. whether mitch mcconnell and more adult members of the members the of the senator can put pressure on the house. if they can't change these fundamental dynamics we're headed in the same direction. >> i think mitch mcconnell is the problem because he's headed for re-election. but i think one of the interesting things that boehner said, is this your moment now, mr. president, now leave. that's both the reality and a little bit of trying to pass the buck. but it's the truth. it is going to be up to the president to go into the negotiations and to lead, and continue to listen and find areas where compromise can be built. it is on his shoulders. >> he has to lead publicly as well. >> yes. >> to sell it? >> he has to sell it. you know, there are a couple -- there aren't a lot of republicans i think that play in regards to public pressure, but there are a few. and the president's going to have to work hard, find points of pressure on those people. >> and willing to absorb some blows. >> remember when he ran against hillary clinton and beat her. hillary

mitch mcconnell was the number one obstructionist in the president's first term. now he tells "the wall street journal" he'll do whatever it takes to get a deal. i'd be willing to pay the ransom if e we thought we were going to get the hostage out. but the hostage is what? entitlement spending. mcconnell's intention, he's willing to agree to a dollar of new taxes for every dollar in cuts. what a difference an election makes. >> i'm going to ask a question on the stage. they seau had a real spending cuts deal, 10 to 1. spending cuts to tax increases. spooker, you're already shaking your head. but who on this stage would walk away from that deal? would you raise your hand about not raising taxes. >> remember in 2011 republicans would not take a 10 to 1 tax cut deal? now today mitch mcconnell is willing to do a 1 to 1 deal. republicans lost all of their leverage in this election. they made a big gamble and came up empty handed. in 2011 president obama was cutting deals with john boehner on the golf course. it was very favorable for the republicans. the president agreed to more than $1.2 tr

on nancy pelosi after 20910 elections. >> and mcconnell, interestingly who is the pair gone of the republican establishment has won them over. he made uneasy peace with and paul. it looks to me like mitch mcconnell has wanted to be majority leader since the senate race, ever since then he wanted to be majority leader. now he may never be. things do not look that much better for the republicans two years from now than they do now. he will also face a primary in two years. >> he may or may not. back in 2010 there was a contested primary in kentucky. that caused a bit of a problem for him. people were upset with him. but he has done a lot of work to hug rand paul so close to him and he let him do about whatever he wants to do on the senate floor. when he says i want to go to the floor and cause a big stink about something, mitch mcconnell says go right ahead. he is such a talented politician. he is so smart. in my opinion i think he has done everything he can do to prevent someone -- even if someone wanted to challenge him from the right he has done as much as he can do to keep

? >> when i listen to senator boehner and mitch mcconnell yesterday, and when they sound somewhat willing to compromise, if you look behind what they're saying, they're not willing to compromise in any way that touches wealthy americans. because if you eliminate breaks, you're eliminating both the income tax rate and the capital gains rate and the dividend rate and the estate tax rate, then all you're dealing with are things like home mortgage deductions, eitc, child tax credit, preferences for your 401(k), all of the things that actually disproportionately affect middle-class americans and working americans, not the wealthy. so, they're really hiding behind this kind of rhetoric of let's deal with the preferences. but the preferences really don't touch the rich. >> so what is the solution that you would like to face? >> well, you know, i'm in line with the president that we need to deal with rates on the highest income americans. i'm not at all set on $250,000. i think that is a number that really is probably the wrong number. i had conversations with the white house. i don't know why th

, the other thing to watch out for is the fact senator mcconnell, normally a kaubs, very cautious politician by nature will look over his shoulder to make sure he doesn't face a tea party challenge. all of that together, i think, makes it a toxic atmosphere and something we will have to all watch carefully. >> now you -- do you believe that the president is giving up leverage if the republicans don't believe he'll go over the cliff? >> yes. >> and you think he has sent a message that he's willing to go over the cliff? >> i think he sent the message and i'm prepared to reiterate that. >> you think the president is willing to go over the cliff? >> i believe that he is prepared -- >> i have not heard that from him. >> you are looking at the fact that come january 1st if there's no agreement taxes will go up on everyone. including the middle class. i think that's a politically unsustainable position. that the republicans are going to come to regret but, yes, you're right. you haven't heard it yet from the president. he needs to keep his flexibility open as we go into these negotiations but i thi

street journal" this weekend, where mcconnell said he's willing to pay the ransom. meaning he's willing to sign off on higher taxes for the wealthy, which obama is demanding. the democrats have the leverage and the republicans recognize that and the republicans will compromise in some way on the tax issue. my issue and question is this. there was a civil war in the republican party the last time republican members of congress voted for a atax hike in 1990 under george bush sr. is this a situation for the next six weeks republican leaders pretend there's no deal coming and pretend they fight it tooth and nail. we get to december 29th and dictator obama forced this on us. is that the game mcconnell and boehner play here? >> i think they know that game won't play well. they have to play it. everyone has to take a sacrifice here, and when you do the numbers with america's finances to keep the entitlements entact, if slightly different from today, to keep social security intact and get the economy back and growing, everyone has to take a little bit of a hit, whether it's the private equity g

will be more to blame if no deal is struck. but yesterday minority leader mitch mcconnell, who met with the three gop freshmen, new senators, will join the repub c republican conference, struck a hard line when it came to tax rates. >> in politics there is always a temptation among those who win office to think that they have a mandate to do what they will. most people may focus on the white house, but the fact is the government is organized no differently today than it was after the republican wave of 2010. >> also today the president is scheduled to meet with ceos from a dozen companies including general electric, ford, and ibm. it's an effort to prove he has some political capital in the business community and also an effort to try to patch up things with some members of the business community. finally, today's decision day on capitol hill. house minority leader nancy pelosi had will answer questions about her political future. >> will you plan to stay on as the leader? will you run again for the top slot? >> let's see, what time is it now? it's 2:00 on tuesday. i'll see you ri

to stay put, mitch mcconnell staying put. harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest americans. are we headed just for the same old same old once again? >> i don't think so. first of all we are very pleased about nancy pelosi remaining as leader. she's done an extraordinary job in helping to increase our numbers here on the democratic side, in raising the money that was necessary for us to strengthen our hand here in the house and so she has done such a good job that we urged her to please stay on and that experience really does count. let me just say this, there is some posturing going on and i do think that this posturing is going to perhaps c

and spending gets slashed. today, the rhetoric was ratch ratcheted up another notch as mitch mcconnell slammed the president's plan. >> an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson bowles or more than any other commission has called for. it's twice as much as the white house seemed ready to agree to during last summer's debt ceiling talks. a joke. >> dick durbin joins me now. good to see you. it's a joke. what do you think? >>. >> i think senator mcconnell needs to take another look at the report. i severed on that commission. a reduction of $4 trillion came from revenue. it was in the range of $1.6 trillion. >> you talk about 1.6 trillion. there's ways to get there in ways that don't necessarily raise tax rates. you could cap deductions at $35,000 and have the estate tax go back to where it was and get $1.3 million. i'm simply making the point there's a loft ways to get there that don't involve raising tax rates. is that a compromise you'd ever consider? >> you're right, but i think what the president's trying to say is is let's protect working famil

of the deal on the debt ceiling last year. >> it came out of mitch mcconnell's office. harry reid went along with it. mcconnell voted for it. john mccain who is a big critic of the defense part of the sequester, it was he voted for it. paul ryan voted for it. so you know, i'm not saying democrats are blameless here or don't deserve some of the responsibility but the idea that republicans are washing their hands and saying this is a white house ploy is completely wrong. >> bill: i was at the white house friday when president obama came into the east room and made a very short speech. very clear about what his plan is and what he wanted. here's the president with one challenge to members of congress. >> obama: i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. >> bill: what does he mean by that? >> balanced. he's saying first of all it's not just spending cuts. it has to be revenues as well. second, he's rejecting the j

in congress. his interview with senate leaders harry reid and mitch mcconnell ran just before election day. >> hi, charlie. >> what do you think the possibility of congress compromising with the president stands today? >> i think that it's got to happen. i think substantial compromise, maybe not work out all the problems, maybe put some of them off beyond january 1st, but i think they have to make some real problem between now and the first of the year. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp david talks. it wasn't easy. >> were they as uncomfortable as they looked sitting next to each other? >> yes. >> and what did you learn from that? >> well, i think that -- what

boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all of their folks happy, but i think that's the deal in the works. >> greta: a couple of problems. number 1 is, the fact that -- today at least, i am always stunned when -- with the exception of senator tom coburn, i barely hear anyone talking about the tremendous amount of waste and fraud. we put up the example of the guy in the bathtub with the wine glass, which is a tiny, tiny bit, but it's representative of the mind-set here. no waste and frawpd fraud. they won't raise the tax rates, but when you do put caps on deductions, you are raising the effective rate. i mean, i guess they get -- i mean, i

michael vaf nau. they are both serving right now. and finally, don't waste time worrying from kim mcconnell, wife of jonathan mcconnell who served in the iraq war. we'll have more in the next hour. it's become a nice and beautiful discussion people are having online and on ireport about what they have learned if they wouldn't have otherwise known so deeply from the people who made the sacrifice. >> so often people keep those thoughts to themselves or they are sharing that with just the immediate family or friends and this is a great forum in which they can share with so many people. >> a lot of people don't know about veterans. what do you don't know about our veterans. >> thank you so much. >>> voters have sent the same balance of powe back to washington. does that mean more gridlock for the president? george mitchell is with us in the newsroom on how the sides can work together. tdd#: 1-800-345-2550 let's talk about your old 401(k). tdd#: 1-800-345-2550 you know, the one that's been lying around. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 rollover your old 401(k) to a schwab ira, and we'll

, except to mitch mcconnell. >> excuse me, you, mr. hoyer, mr. clyburn, you're all over 70. is it going to prohibit younger leadership from moving forward. >> so you're suggesting that everybody step aside? >> i'm simply saying, does this -- >> i think that what you will see, and let's, for a moment, honor it as a legitimate question. although it's quite offensive. but you don't realize that, i guess. the fact is, the fact is, is that everything that i have done in my almost decade of leadership is to elect younger and newer people to the congress. in my own personal experience, it was very important for me to elect young women. i came to congress when my youngest child, alexandra, was a senior in high school, practically on her way to college. i knew that my male colleagues had come when they were 30. they had a jump on me, because they didn't have to -- i did what i wanted to do. i was blessed to have that opportunity, to sequentially raise my family and then come to congress. but i wanted women to be here in greater numbers at an earlier age so that their seniority would start to acc

and the president. speaker boehner said tax hik eshehikes aren't acceptable. senator mcconnell the republican leader in senate said that he won't raise taxes to turn off those spending cuts. if senator mcconnell and speaker boehner don't bend, do you still believe the president should go up to the brink. >> here we are, our country has a tremendous debt and deficit problem. we also have a challenge in making sure that we educate our work force, we need to make sure we care for our veterans who need that care today. we need to have research and we need to be able to compete in a global marketplace, those investments are important. everyone who has looked at this, including the supercommittee that i served on, said we need to have revenue as part of the solution to this problem as well as looking at entitlements and spending cuts. what the missing ingredient is revenue. that's what we face right now. if our republican counterparts can step forward with that revenue piece we'll be able to find a solution. >> and if not, go off a cliff? >> well, clearly, we have the ability between now and the end of th

to senator mitch mcconnell whose instant reaction to the president being re-elected was this is not a mandate, how do the republicans find the compromise? i believe it was the headline on politico well before we got into the heart of the campaign season that said speaker boehner's job was specially trying to hurt cats referring to some members of his caucus. >> that's a good analogy. the president came very short of saying, i won, you didn't. he said, you know, look i want to compromise. everything's on the table. i want to hear your ideas. but the people have spoken and we need to get moving here. speaker boehner is from the old school of let's get something done. he has been hijacked and hamstrung by the right flank of his party, and i think what he was trying to say the day after the election is you know okay. i'm with you. let's try to get this done. i'm ready to jettison some of the loons, the far right in the party, and try to work with democrats to get a compromise. the other thing is they're both using squishy language. they're talki

. that is absolutely wrong. >> karen, mitch mcconnell, who hasn't been seen since tuesday's be election, issued this statement. he says, i wasn't sent to washington to raise anybody's taxes to pay for more wasteful spending, and this election doesn't change my principles. >> yes. >> does that sound like the cooperation, conscientious, and the common sense that the president is looking for? >> no. and if you combine that with the rhetoric we've been hearing from a number of the right wing conservatives about this is really about the people voted for president obama want free stuff, it sure sounds a lot like what mitt romney was saying in that fund-raiser about the 47% of americans. >> uh-huh. >> it really sounds like these guys not only don't get it, they don't care what the americans want. they have their agenda. they have their ideology, and they're still going to try to pursue it, not recognizing that it was roundly rejected, but here is the most important thing. we, the people, will have to be the ones who hold them accountable. i think the president will obviously fight it, but this goes to

mitch mcconnell and some of the more adult members of the republicans in the senate can put pressure on the house. if they can't change those fundamental dynamics, we're heading in the same direction. >> i think mitch mcconnell is a problem because he's up for re-election and he's worried about getting a challenge from the tea party right. mr. boehner said this is your moment, mr. president, now lead. that's an acknowledgment of reality and a bit of a trying to pass the buck, but it's the truth. it is going to be up to the president to go into those negotiations and to lead and to continue to listen and find areas where compromise can be built. >> but he has to lead -- >> let me help you out. >> he has to lead publicly as well because the election -- >> sell. >> he has to sell it. there aren't a lot of republicans i think at play from -- in regards to public pressure, but there are a few, and the president is going to have to work hard to find points of pressure on those people -- >> let's try -- >> they have to be willing to absorb some blows. >> remember how he ran against hillary

mitch mcconnell. that's called failing up, which is amazing on its own terms. but we should also wonder if that's instructive for how the republican party is going to deal with the overall question of who their leader is and what they stand for. "the washington post" reporting today that the republican party is going to undertake an internal review of what went wrong on tuesday. reportedly take place over the next few weeks and months. spear headed by the republican party. the goal of the review is to determine what went so wrong and how to fix it. good idea. let's review. it's a good idea because the informal process so far of the right trying to figure out what went wrong, that process so far is not going well. republicans have so far decided that hurricane sandy is the reason mitt romney lost. they have also decided that fact checking is the reason mitt romney lost. karl rove said it's democratic voter suppression is the reason mitt romney lost. there's also a blog post, a piece of comedy written about military votes not being counted. that got the right skpieted that that was the re

chairman, mitch mcconnell, john boehner, and other republican leaders behind the epic election failure of 2012 should be replaced with leaders more in tune with the conservative base of the republican party. likewise, established republican consultants establishedkarl rove, romney campaign senior advisers, and pollsters should never be hired to run or consult on a national campaign again. nobody would give a dime to the ineffective super pacs like american crossroads. the loss was the death rattle of the establishment republican party. the disaster of 2012 signals the beginning of the battle to take over the republican party and the opportunity to establish the gop as the party of small government, constitutional conservative. host: do you agree with that assessment? guest: not at all. k i do karl rove, the pollster for the romney campaign, and all the others he listed, the republican national chairman -- they are not the problem. the truth is, while i think the tea party is a great addition to the party, the candidates who were truly identified as tea party candidates in 2010 and 2012

to be the number two republican in the whole senate right behind mitch mcconnell. and that is calling failing up. which is amazing on its own terms. in terms of republicans in the senate. i think we also should wonder if that is instructive for how the republican party is going to deal with the overall question of who their leader is and what they stand for after this electoral drubbing they took in this week's election. "the washington post" reporting today that the republican party is going to undertake a big internal review of what went wrong on tuesday. reportedly take place over the next few weeks and months. spearheaded by republican party national officials. the goal of the review is to determine, quote, what went so wrong and how to fix it. good idea. yeah. let's review. it's a good idea because the informal process so far of the right trying to figure out what went wrong for republicans this election, that informal process so far is not going well. republicans have so far decided that hurricane sandy is the reason mitt romney lost. they have also decided that fact checking is the reason

that are affected by them create the most jobs. now, senate republic leader mitch mcconnell says raises taxes on those businesses would cost 700,000 jobs. the president says we would simply return to the tax rates of the clinton years in which the economy created almost 8 times as many jobs as the administration of george w. bush. president will make his case to the public tomorrow and civic leaders on friday which is when these talks with congressional leaders come in. >> shepard: wendell goler on the north lawn. seven weeks isn't really seven weeks when you are talking about congress. lawmakers just got back to work today. then they are off next week for thanksgiving. then they will take a break for christmas and then time is up. mike emanuel is on capitol hill. one of the lawmakers back at work today congressman paul ryan. the republic vice presidential nominee. >> that's right, shep. paul ryan is expected to have a lot of clout after the elections. obviously a more recognizable name around the country. and he will continue on as the house budget chairman. ryan did not say a whole lot to r

with or unwillingness to work with the members of the other party. >> woodruff: senate minority leader mitch mcconnell sat down with the three confirmed additions to the republican conference. he said it was time to tackle the nation's problems. >> the country has extraordinarily diffult set of challenges facing us over the next couple of months. the election is behind us. we're ready to get started. >> woodruff: the most difficult of those challenges will be reaching a deal to avert a so-called fiscal cliff. starting january 1, some $500 billion in tax increases will take effect with the expiration of the bush era tax cuts and the payroll tax holiday. at the same time automatic spending cuts will hit defense and domestic programs totaling $109 billion. the spending reductions were triggered when the congressional super committee failed to reach a broad deficit deal last year. that came after talks broan down between the president and house speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this h

, congressional leaders harry reid and mitch mcconnell discuss the chances of compromise over the fiscal cliff. oliver stone tells us about his new documentary series. that and more coming up on "cbs this morning." that is the morning news for this tuesday. i'm terrell brown. take care, everybody. have a great day. have a great day. ,,,, . >>> you're watching cbs 5 eyewitness news this morning. >>> good morning everyone. it's tuesday november the 13th 13th. i'm frank mallicoat. >> and i'm mental mri -- michelle griego. let's get a check on the weather. >>> looks like a like day coming our way. it is chilly in spots if you're heading out the door. we have rain coming in our direction. we'll talk more about that coming up. >>> and the road

! next. >> leader pelosi -- >> i guess -- >> whoa! >> you always ask that question except to mitch mcconnell. >> oh, mitch mcconnell, the senate minority leader is 70 years old. nancy pelosi is 72. in the world of politics, age is kind of a skewed concept. average age of members of the house is 56. and of senators it's 62. i mean, paul ryan is thought of as a young gun. he's 42. that's eight years shy of being a card-carrying member of the aarp. ronald reagan was 69 when he first ran for president. many worried he was too old for the job until his famous quip during a debate. >> i will not make age an issue of this campaign. i am not going to exploit, for political purposes, my opponent's youth and inexperience. >> yes, reagan used age to his advantage. but seriously, how old is too old? remember senator strom thurman who commuted from walter reed to the capitol at the age of 100? his aides had to vote for him. of course, this argument isn't limited to the world of politics. ageism rages in the role world, too. how often have you heard those under 30 grumbling about those old guys sucking up

. >> i would like to say that i see a potential for both mcconnell and pain at the dividend do what the president is done which i council both parties to do. approach policy from the perspective of the middle class, those who aspire to it. i've said it for the past two years in this campaign. the president actually did it. it paid off, and it paid off by one-half of 1%. and i think that is an advantage. do you think they're capable of pivoting? >> yes. i think he absolutely is. >> i agree. >> he is the most important person in this right now. he -- by who they chose jim it's pretty clear where he was this party the go. lou: i sure hope somebody starts talking about the fact that we have seen individual tax receipts for the federal government go up by 26% over the past two years with those bush tax cuts in place. it might add to the intellectual argument. if we can call it that. thank you very much. see you. now, your comments. i believe the ad mall was o

to get along with. >> john boehner and mitch mcconnell are professionals when it comes to understanding the art of the deal. we didn't win the elections, didn't get the senate. we have to accept the hand that's been dealt to us. if you don't get to take something off the table unless you put something on the table unless you have got a gun. we don't have a gun. we didn't get that in the election. so what we have got to understand and i'm hoping members of congress will follow the leader and members of the senate will follow their leader. you can't have every republican member of congress and member of the senate trying to create a side deal. that's disaster in the making. they are not going to get everything they want. they have got to get everything they can and protect the american people more than protect party ideology as they try to keep us from falling off the cliff. republicans can't afford to get blamed for this. bill: speaker boehner seems to be speaking the way senator mcconnell speaks. he said people think it means we'll agree to democratic demand and hike taxes. i'm here to

revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy. >> were they as uncomfortable as they look sitting next to each other? >> yes. >> yeah? >> yes. >> what did you learn from that? >> what can you say? they don't strike me as two guys that are going to sit down in a room over a whiskey and kind of work things out. they're very locked in their way s and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. they are both good at what they do in outmaneuvering one another. they're so politically far apart. why should we expect a compromise bill to happen? >> i think the future of the party of republican party very much depends on getting away from this view held by some in the public that they're just obstructionists. the other thing is that there's just too many things that are really important like the bond rating, for example. there's a lot of talk now that if they don't work something out we're likely to

leader mitch mcconnell says he's ready to reach across the aisle. >> we are ready to find common ground on revenue. but we are also not about to further weaken the economy by raising tax rates and hurting jobs. bill: in 30 minutes, what would steve forbes do? martha: that's a question i always ask myself. in this situation, what would steve forbes do? pill * these are big, big issues and negotiations will go late into the night. we'll get steve's take coming up on that. martha: an investigation is underway after a small plane carrying three pilots crashed into a neighborhood. what witnesses heard and saw there. bill: there were serious questions about eric holder and the petraeus affair. why didn't he tell the white house any sooner? >> lawmakers want to know in terms of when petraeus found out. he was under investigation. has it had any impact on the comments he made to senators about benghazi and what he knew? we just learned general petraeus says he does want to testify about benghazi. more in a moment. >> you can't get to the bottom of benghazi without him testifying. i want to hear

a responsibility just as much a responsibility as senator mcconnell to make the system work and to do some things. >> i believe that if you look at what linden johnson had to do when he was the leader as i am, was a different world. why? do you know how many filibusters he had to try to override? one. me? 248. >> laura: sounds like the senator is playing the blame game to me. despite all this happy talk he is still bracing for a fight unless he gets his way. >> i'm going to do everything within my power to be as conciliatory as possible. i want to work together. but i want everyone to also understand you can't push us around. democratic strategist marianne marsh and here in d.c. fox news analyst and democrat kirsten powers. i love democrat right in the intro. >> yeah. >> laura: what about this? it sounds nice. let's get along. kum ba yah, hug, huddle together. harry reid had a lot of power in the last couple of years and he decided that they weren't going to pass any budgets and talk about budgets. he wasn't going to do anything. >> both exercise their filibuster rights. >> i think there is gridl

base on entitlement reform. the republicans remember when mitch mcconnell said make sure he is a one-term president. the president will be thinking about his legacy wanting to get things done. they lost voters by 56 percent. all that suggests to me is the president says something teaching the fiscal cliff i am willing to have 3-1 spending reductions as well as tax increases and pro growth tax reform package you can get something done there. >> president's second term notoriously difficult and the fact is the president won real election he didn't give as much of an agenda for his second term during the campaign. what do you expect from him that he has to worry ever again about reelection? >> go back to 2010 where they had the great mid term election. republicans think compromise is the answer for their political future. i would say think about what president obama did that ended up helping him win a huge reelection. he decided not to compromise he decided to double down on liberal i am. he marketed it in a new way he found inflexion points with women voters. he did it masterfully with

. and rand paul who is very close to mitch mcconnell who runs the republican party in the senate. he told us he's going to start pushing for more lax marijuana laws, going to start pushing for a pathway to citizenship on illegal immigration. he said that this tea party conservatism that brought him power and some fame needs to recalibrate too and they need to use this libertarian strain to start to reach out to people in cities, in the northeast, they can't be a one-region party. again, it's not just bobby jindal, it's across the board where you have prominent, influential republicans re-thinking what it means to a republican. and that is, i think that is the one silver lining for the republican party from the results last week. >> by the way, jim, that's a big, big silver lining. a big silver lining. this is a party, this wasn't a goldwater type wipeout. it was a couple of percentage points in the popular vote. you have a president whose campaign team was brilliant and they outmaneuvered the republicans tactically in nine states. no doubt, we were out of touch with voters on issues, but it

, that was an olive branch and after you lose an election that was an appropriate thing to say. but he and mcconnell laid down the line. they said we will not raise tax rates because this is harmful to the economy and i happen to agree with them i think if we go to tax rates at 45 percent to 50 percent that actually can cause a double dip recession. if that happens, we are not going do have more tax revenues we will have less because more will be unemployed and businesses make small are profit. the problem with revenues right now, we do have a revenue problem in washington, dc, but that is because the who is not growing. people are not paying much taxes because we do not have growth. you get the growth rate up you get an officer if revenue. >>neil: but it could be a democratic strategy for saying we doing all of this, and republicans will count themselves grateful if all they got was eliminating some deductions and putting a cap on write offs. as we have discussed on fox business network, which if you don't have you should demand, but that could be worst than a hike to 39.6 percent because depending

, suggesting that 2013 would be the fifth straight trillion-dollar deficit. mitch mcconnell says higher taxes won't solve that problem. >> this is partisan politics. this is not an option. raising tax rates would destroy 700,000 jobs >> reporter: on this day, the president met with labor and progressive leaders since the day after his re-election that he opposed cuts to medicare and social security benefits. >> the president is committed to making sure that the middle class and the workers are paying the tax for parties we didn't get to. >> reigning in cost of medicare and medicaid is essential to controlling the deficit. mr. obama offered $34 billion a year in savings. republicans don't think it's enough. and they're demanding to be part of the solution. >> the venters also -- the voters also have republican controlled house and closely divided senate. in a government of three equal branchs, that is hardly irrelevant. >> at the white house, despite the seeming impasse over the bush tax cut, carney insists there is flexibility dealing with the deficit. >> i don't think the president is in a p

the president re-elected but senate minority leader mitch mcconnell surprised no one by disputing the idea that any mandate exists on this issue saying "if the president truly realizes that he was elected to represent all of its citizens, not just the ones who voted to give him a second term last tuesday, then he will seek the common ground he avoided so strenuously in his first term." paul ryan went even further on a local wisconsin television station last night. he said that the american people had not rejected his budget ideas and that, in fact, it was just a certain group of voters that cost him the election. >> i don't think we lost it on the budget issues. i think people, especially on medicare, we clearly didn't lose it on those issues. i think the surprise was some of the turnout. some of the turnout especially in urban areas which definitely gave president obama the big margin. >> jennifer: darn, they must not have suppressed enough votes. fine republicans you keep believing it was urban turnout and not your bad ideas

the majority leader, mitch mcconnell to do a select committee. why do you need one? the state department is under the foreign operations committee foreign relations committee oversight. department of defense is under armed service. if you have three different committees interviewing people separately we won't know what one group will significant sailing. so we should form a committee over department of defense, department of the state and the c.i.a. and ask questions and have a professional approach to this. i think congress would be making a huge mistake, let three committees go off by themselves and not coordinate. >> greta: senator harry reid, his view on a select committee is what? >> i don't know. i don't believe you can get to the truth in a professional way. when you talk to the c.i.a., also you want to talk to the defense, why were these people left hanging for eight hours. the c.i.a., why did you not get ready for an attack people were telling you. state department, god knows how many times did you fail the people in benghazi. i wanted one committee asking questions of all these

in day mcconnell said it's the president's turn to have a detailed plan to include entitlement reform and could win support of both parties to have a chance of becoming law. >> wholesale prices dipped for their first decline since may. wall street did not take the news well. dow lost 185. s&p 500 dropped 19. nasdaq fell 37. many european say they reached the breaking point with evidents to deal with the continent's economic woes. senior foreign affairs correspondent ammy kellogg reports from london. much of the frustration took to the streets today. >> it was europe's first pan continental day of action with strikers saying enough is enough. arguing that the austerity cuts are crippling and not helping. >> it's just a terrible situation. only cuts, cuts, cuts. >> tear gas rained down, so did a bar ran of discouraging numbers. factory fell to steepest days in years and even in the powerhouse country of germany. greece's economic output shrunk by 7.2% in third quarter though terrorism was up. youth unemployment is at 58%. bank of england scaled down the projection of growth in the u.k.

boehner. cut it loose so they can go christmas shopping, senator mcconnell. it's what the people voted for. that's why they voted for me. that's the president talking. we are joined now by nbc's chief white house correspondent chuck todd. thanks for joining us tonight. this was a hot pressure cooker press conference and you were in the middle. let's talk about the president's tactic. it looks like he's got one. here he is sticking out his message of defending the middle class today, sticking to it. he practically dared the republicans to hold tax cuts for the middle class hostage. he went back to that word hostage. let's take a look. >> the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. i hope republicans in the house come on board, too. we should not hold the middle class hostage while we debate tax cuts for the wealthy. the most important step we can take right now, i think the foundation for a deal that helps the economy, creates jobs, gives consumersty, which means gives consumers confidence they'll have c

- establish residency in kentucky before she could challenge mitch mcconnell. she has taken an active role in president obama's campaign. >>> justin bieber and selena gomez have split saying that their schedule made it hard to date. >>> teachers say this dance was also about raising the learning curb. beth parker has the story. >> reporter: one minute, it is a sidewalk. the next minute, a stage. ♪ >> my heart was beating real fast. and i felt nervous a little bit. ♪ under the moonlight >> when i'm on the dance floor, the dance floor just kind of speaks to me. ♪ because this is thriller >> reporter: a two-minute flash mob right in front of the national portrait gallery. they are students from d.c.'s savoy elementary school in southeast but, on this day, they're -- >> just like michael johnson. >> a teacher directed from on torch an suv. >> i want to teach them that they can go to wherever i want to go. >> reporter: savoy was traditionally a low performing school but they were celebritiesed by the president' commission on arts to get art supplies, instruments. the award goes to the

with john boehner and republicans and mitch mcconnell in the senate to try to, you know, tackle a few big things. i think one of the things my, the other guest said, which is just fallacious and wrong and shouldn't be repeated is that the idea that the raising rates on people over $250,000 is going to hit a majority of small business owners. >> simon, y a small business. you're a policy wonk. >> you keep saying it doesn't make it true. 97% of small business owners will be exempt from it. >> you have no clue. >> i'm going to finish. the i'm going to finish. under bill clinton we raised taxes on rich people. saw the biggest economic boom in american history. under george bush we lowered taxes on rich people go into economic ruin. >> this is problem with people with no connection. >> i'm going to i'm going to finish i'm going to finish. so there is not, based on our own experience a direct connection between raising rates and on wealthy people and economy going, going down. in fact the opposite happened. and so you can keep saying it doesn't make it true. rick: go ahead, pete. >> simon you h

the tactic in the fiscal cliff negotiations as sort of a game of good cop/bad cop between mcconnell and john boehner. can you help explain that? >> mitch mcconnell who runs the senate republican caucus, he's definitely playing the role of the bad cop in that he does not want to compromise at all on tax cuts, has taken a much more hard-line approach, has the bulk of his time talking to "the wall street journal" editorial page, basically speaking to the base. where you have speaker boehner talking in much more conciliatory tones and talking about getting a deal. i think that's going to be the dynamic. mitch mcconnell is up for re-election in 2014. in a very conservative state where it's not inconceivable the tea party would run somebody against him if he does not take a hard-line approach. people need to remember that as these negotiations unfold. for boehner, he wants a deal. i do want to comment a second on the interview you had with paul ryan. ryan might not think that there is a mandate, but the president does, congressional democrats do, and the public does, if you look at polling. and th

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